Category: CPCA

Automakers’ share of China NEV market in Mar: BYD tops with 36.6%, Tesla 2nd with 8.8%

In the January-March period, BYD was No. 1 with a 33.1 percent share, while Tesla was No. 3 with a 7.5 percent share.

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China’s Mar NEV wholesale at 820,000, up 84% from Feb, CPCA estimates show

Both production and sales of passenger vehicles increased significantly in March from February as industries quickly turned to normal operations after the Chinese New Year holiday, the CPCA said.

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CPCA estimates China’s Mar NEV retail sales at 750,000, up 93.2% from Feb

The NEV penetration rate is expected to reach a record 45.5 percent in March as it reversed the pre-holiday slump and rose rapidly, the CPCA said.

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